We protect your best interests.
When it comes down to it, prevention is our number one protection strategy. We work closely with credit unions, ensuring there’s always an adequate level of deposit protection at the local level..
We monitor credit union performance to ensure early identification of risks and clearly communicate actions required to protect deposits. We also sponsor and develop programs to strengthen the knowledge and skills of credit union decision makers. Through these programs, and by maintaining a consultative approach on matters affecting credit unions, we ensure your deposits are always safe.
No depositor has ever incurred a loss on deposits made in a Saskatchewan credit union. We intend to keep it that way.
Your money is safe. It’s the law.
Credit Union Deposit Guarantee Corporation guarantees to all depositors, repayment in full of all deposits.
Thanks to the Credit Union Act, 1998, the guarantee is set out in the provincial legislation under which credit unions are incorporated.